How Bitcoin ETF Flows Impact Asian Market Volatility
Bitcoin investors in Asia are experiencing significant fluctuations attributed to the reactions of automated trading protocols to the flows data of US exchange-traded funds holding the cryptocurrency. During Asian market hours, the daily figures on demand for these spot-Bitcoin ETFs influence the crypto market, particularly after the close of US share trading. Notably, on a recent Tuesday, the digital asset saw its sharpest decline in a month during the Asian morning, as the flows numbers indicated a withdrawal of investor funds. The impact of these automated trading protocols and ETF flows on Bitcoin's volatility is becoming evident, prompting investors to closely monitor the situation.